The project extends the life of the facility and increases production by deploying a newer, more efficient and reliable technology bp plans to recycle the decommissioned blades, keeping millions of ...

Big Oil’s renewable energy pivot was an expensive mistake. The British oil giant took a $5.4 billion write-down on its green ...

Once-dominant energy giant BP has suspended its share buyback program and ramped up cost-cutting to address a turbulent ...

In a presentation to shareholders last February, BP said it was making a “fundamental reset” to its strategy to increase spending on oil and gas by $1.5bn to $10bn a year and cut clean energy from ...

Oil major BP said it's going to take a big writedown in the fourth quarter. BP isn't even waiting for its new CEO to start before taking a big charge over its push into renewable energy. The company ...

Plans for an up to 26 GW wind, solar and green hydrogen hub have new life breathed into them, just six months after they were abandoned by global oil and gas major bp.

British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion through 2027 as part of a fundamental strategic reset. The beleaguered energy giant also said ...

Full-year results expected to reveal weaker profits as company also faces investor pressure over climate U-turn ...

The British energy giant said it would put money toward new oil and gas opportunities ahead of the arrival of its new chief ...

BP delivered strong Q2 results, beating earnings and revenue estimates due to strong profitability in its core business. The energy enterprise makes an attractive value proposition, trading at a ...

BP isn’t even waiting for its new CEO to start before taking a big charge over its push into renewable energy. The company that used to be named British Petroleum said on Wednesday it would take a ...